Eurocash S.A. Proposes Dividend for 2023, Payable on December 23, 2024
May 29, 2024 at 11:28 am IST
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Eurocash S.A. is recommending to the general meeting that PLN 100.2 million (EUR 23.5 million) of its 2023 net profit be paid out in the form of a dividend, which amounts to PLN 0.72 (EUR 0.17) per share. The proposed dividend date is September 23 and the dividend payment date is December 23, 2024.
Eurocash SA is a Poland-based company engaged in the industry of wholesale and retail distribution of food and distribution of fast moving consumer goods (FMCG). It operates through four segments: Wholesale, Retail, Projects and Others. The Wholesale segment is divided into Eurocash Distribution, including distribution and supporting franchise activities; Cash&Carry, which operates a national network of warehouses; Tobacco & Impulse, which distributes tobacco products, Alcohol Distribution, Eurocash Food Service and Other. The Retail segment operates the retails activities of Eurocahs group and the wholesale of Delikatesy Centrum franchisees. It also includes other retail operations under EKO, Mila and Inmedio brand names. The Project segment is dedicated to run the projects of the Eurocash Group. It cooperates with different partners including abc, Groszek, Delikatesy Centrum, Lewiatan, Euro Sklep or Gama.